The global Road Electronic Toll Collection System (ETC) market was valued at US$ 10,084.24 million in 2024 and is anticipated to reach US$ 15,026.52 million by 2031, witnessing a CAGR of 5.85% during the forecast period 2025-2031.
North American market for Road Electronic Toll Collection System (ETC) is estimated to increase from $ 3,794.52 million in 2024 to reach $ 5,238.36 million by 2031, at a CAGR of 4.92% during the forecast period of 2025 through 2031.
Asia-Pacific market for Road Electronic Toll Collection System (ETC) is estimated to increase from $ 2,172.25 million in 2024 to reach $ 3,690.90 million by 2031, at a CAGR of 7.53% during the forecast period of 2025 through 2031.
The global market for Road Electronic Toll Collection System (ETC) in Highways is estimated to increase from $ 9,163.55 million in 2024 to $ 13,486.30 million by 2031, at a CAGR of 5.66% during the forecast period of 2025 through 2031.
The major global companies of Road Electronic Toll Collection System (ETC) include TransCore, AxxEs, Mundys, Kapsch TrafficCom, Conduent, ITIS Holding, DKV Mobility, Quarterhill, Autostrade, Mitsubishi Heavy Industries, VanJee Technology, EFKON GmbH, Shenzhen Genvict Technologies, Q-Free, Far Eastern Electronic Toll Collection, Jiangsu Tongxingbao, Neology, FEIG ELECTRONIC, Anhui Wantong Technology, Beijing Juli Science and Technology, etc. In 2024, the world's top three vendors accounted for approximately 18.62% of the revenue.
This report aims to provide a comprehensive presentation of the global market for Road Electronic Toll Collection System (ETC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Road Electronic Toll Collection System (ETC).
The Road Electronic Toll Collection System (ETC) market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Road Electronic Toll Collection System (ETC) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Road Electronic Toll Collection System (ETC) companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
TransCore
AxxEs
Mundys
Kapsch TrafficCom
Conduent
ITIS Holding
DKV Mobility
Quarterhill
Autostrade
Mitsubishi Heavy Industries
VanJee Technology
EFKON GmbH
Shenzhen Genvict Technologies
Q-Free
Far Eastern Electronic Toll Collection
Jiangsu Tongxingbao
Neology
FEIG ELECTRONIC
Anhui Wantong Technology
Beijing Juli Science and Technology
Segment by Type
RFID
DSRC
GNSS
Others
Segment by Application
Highways
Urban Areas
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Road Electronic Toll Collection System (ETC) company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: Industry Chain and Sales Channels Analysis
Chapter 13: The main points and conclusions of the report.
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Road Electronic Toll Collection System (ETC) Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 RFID
1.2.3 DSRC
1.2.4 GNSS
1.2.5 Others
1.3 Market by Application
1.3.1 Global Road Electronic Toll Collection System (ETC) Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Highways
1.3.3 Urban Areas
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Road Electronic Toll Collection System (ETC) Market Perspective (2020-2031)
2.2 Global Road Electronic Toll Collection System (ETC) Growth Trends by Region
2.2.1 Global Road Electronic Toll Collection System (ETC) Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Road Electronic Toll Collection System (ETC) Historic Market Size by Region (2020-2025)
2.2.3 Road Electronic Toll Collection System (ETC) Forecasted Market Size by Region (2026-2031)
2.3 Road Electronic Toll Collection System (ETC) Market Dynamics
2.3.1 Road Electronic Toll Collection System (ETC) Industry Trends
2.3.2 Road Electronic Toll Collection System (ETC) Market Drivers
2.3.3 Road Electronic Toll Collection System (ETC) Market Challenges
2.3.4 Road Electronic Toll Collection System (ETC) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Road Electronic Toll Collection System (ETC) Players by Revenue
3.1.1 Global Top Road Electronic Toll Collection System (ETC) Players by Revenue (2020-2025)
3.1.2 Global Road Electronic Toll Collection System (ETC) Revenue Market Share by Players (2020-2025)
3.2 Global Top Road Electronic Toll Collection System (ETC) Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Road Electronic Toll Collection System (ETC) Revenue
3.4 Global Road Electronic Toll Collection System (ETC) Market Concentration Ratio
3.4.1 Global Road Electronic Toll Collection System (ETC) Market Concentration Ratio (CR5)
3.4.2 Global Top 3 and Top 5 Companies by Road Electronic Toll Collection System (ETC) Revenue in 2024
3.5 Global Key Players of Road Electronic Toll Collection System (ETC) Head office and Area Served
3.6 Global Key Players of Road Electronic Toll Collection System (ETC), Product and Application
3.7 Global Key Players of Road Electronic Toll Collection System (ETC), Established Date
3.8 Mergers & Acquisitions, Expansion Plans
4 Road Electronic Toll Collection System (ETC) Breakdown Data by Type
4.1 Global Road Electronic Toll Collection System (ETC) Historic Market Size by Type (2020-2025)
4.2 Global Road Electronic Toll Collection System (ETC) Forecasted Market Size by Type (2026-2031)
5 Road Electronic Toll Collection System (ETC) Breakdown Data by Application
5.1 Global Road Electronic Toll Collection System (ETC) Historic Market Size by Application (2020-2025)
5.2 Global Road Electronic Toll Collection System (ETC) Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Road Electronic Toll Collection System (ETC) Market Size (2020-2031)
6.2 North America Road Electronic Toll Collection System (ETC) Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Road Electronic Toll Collection System (ETC) Market Size by Country (2020-2025)
6.4 North America Road Electronic Toll Collection System (ETC) Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Road Electronic Toll Collection System (ETC) Market Size (2020-2031)
7.2 Europe Road Electronic Toll Collection System (ETC) Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Road Electronic Toll Collection System (ETC) Market Size by Country (2020-2025)
7.4 Europe Road Electronic Toll Collection System (ETC) Market Size by Country (2026-2031)